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FinancialNews


  • 23-01-18

    National Bank of Kuwait sees 5.4 percent increase in Q4 net profit

    (MENAFN) Reuters calculations found the National Bank of Kuwait (NBK) to have recorded an increase of 5.4% in fourth quarter net profit.

    The bank has collected 80.0 million dinars net profit within the three months to 31 December, in comparison to 75.9 million dinar reached in 2016.

    The average estimation of three analysts which Reuters polled was for a quarterly net profit of 83 million dinars.

    The net profit of the bank throughout 2017 has seen an increase of 9.2% from the year before to 322.4 million dinars.

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